531 +/- Acres in Bailey Co.

  • Price: $358,425
  • Total Acres: 531
  • Grass Acres: 88
  • CRP Acres: 443
  • CRP Payments: $17,779
  • CRP Expiration: 2022
  • Taxes: $1,614
  • Mineral Rights: reserve 1/2 owned

From Needmore at the intersection of Hwy. 214 and FM 298: Go five miles west on FM 298 through Baileyboro, then turn north on FM 2487 for five miles to the NW corner of the property.

Latitude: 34.098869
Longitude: -102.821525

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This is a nice piece of CRP property on pavement. The CRP pays $40.16 per acre and expires in 2022. The land is mostly flat with two Playa lakes and some caliche ridges. There is a good stand of grass with some occasional groves of elm trees. There are irrigated farms around this property. The Seller is offering this property with a reservation of 1/2 of the owned mineral interest, and 1/2 of the commercial wind generation royalty interest.

Listing Agent